Starting July 1, 2021, you'll face new VAT and import duties on packages from outside the EU—even those under €22. Plus, deposits on small bottles, updated alcohol laws, higher minimum wage, and increased state pensions. Here's what changes for your finances and daily life.
The first half of 2021 is wrapping up, bringing a wave of updates effective July 1. These adjustments to taxes, benefits, and regulations directly affect your wallet and routine. As financial experts tracking these shifts, we've compiled this overview to help you prepare without surprises.
Here's a rundown of updates impacting your finances:
Previously, packages from AliExpress, Shein, or Wish under €22 arrived duty-free. From July 1, all non-EU imports incur VAT and duties, regardless of value. Opt for EU-based delivery to avoid this—AliExpress offers it. Learn more here.
Deposits were limited to large bottles in the Netherlands. Now, from July 1, add 15 cents to bottles under 1 liter. Imports have started, so check labels when shopping.
The updated law bans online supermarket alcohol orders, caps discounts at 25%, and imposes €435 fines for selling or giving alcohol to minors under 18.
Good news: hourly minimum wage rises across age groups. Details on amounts and conditions here.
State pension (AOW), WIA, and others adjust upward—modest tens of euros, but welcome. Full overview here.
Social housing rents stay flat, but free-sector landlords can raise by up to 2.4%. Service costs have no cap but require justification.
New EU model-based appraisals for mortgaged homes with equity could add up to €350. More details here.
Rising energy prices, fueled by a cold spring, mean ~€200 annual hikes for average households on variable plans.
Ziggo and KPN cap increases at €20/year; others follow suit with varying amounts.
Extended to October 1, 2021, amid remote work. New rules for tax-free home office reimbursements are in development.
Corona deferrals end July 1; request extensions by June 30. Accumulated debts payable from October 2022 over 5 years.
Banks charge ~0.5% on balances over €100,000–€150,000. Spread across accounts or explore alternatives.
Over certain limits (e.g., €12,500/year free at ABN AMRO), fees apply—linked to digital euro transition.
Do-not-call register replaced by opt-in; anonymous calls banned. Full details here.
Truck (C) license test extends to 60 minutes for thoroughness. Changes outlined here.
With these increases, plan ahead—even as child benefits rose January 1, 2021.